The Effect of Entrepreneurial Self-Efficacy on Entrepreneurial Performance among Women Entrepreneurs in Nepal
Keywords:
Entrepreneurial self-efficacy, entrepreneurial performance, women entrepreneurs, NepalAbstract
Purpose: This study examines the influence of entrepreneurial self-efficacy on entrepreneurial performance among women entrepreneurs in Nepal.
Design/ methodology/ approach: Based on a survey design structured questionnaire was used to collect data from women entrepreneurs. The purposive sampling method was used to collect data from 247 women entrepreneurs. The partial least squares structural equation modelling (PLS-SEM) technique was used to examine the causal relationship between entrepreneurial self-efficacy and entrepreneurial performance.
Findings: The results reveal that the five-dimensional entrepreneurial self-efficacy is a crucial factor for determining entrepreneurial performance among women entrepreneurs. All sub-constructs, including searching, planning, marshalling, implementing human resources, and implementing finance, have a significant positive impact on entrepreneurial performance.
Implications: This study sheds light on women’s entrepreneurship and recognises the role of entrepreneurial self-efficacy in the entrepreneurial success of women entrepreneurs in Nepal. Similarly, the findings offer practical implications for policymakers and practitioners to develop and improve women’s entrepreneurial competences and enhance entrepreneurial outcomes.
Originality/ value: The study significantly contributes to literature on women entrepreneurship in Nepal by empirically investigating the influence of a multidimensional approach of entrepreneurial self-efficacy on performance, fulfilling the research gap in the context of developing country.
JEL Classification: J24, J16, L26
